Blog26th Jun 2024 Malta: Escape high UK tax for a place in the sun? Following on from our last blog connected to those choosing to leave the UK to mitigate their UK tax position, where we then focused on Dubai, there are many seeking an overseas destination that is a little closer to the… By Caroline Murphy View more
Blog26th Jun 2024 Could EIS or VCT reliefs work for you? All your need to know When it comes to raising funds for early-stage businesses, it’s easy to feel like the odds are against you. Investors want returns, founders need capital, and both sides are trying to manage risk while chasing growth. That’s where enterprise investment… By Caroline Murphy View more
Blog26th Jun 2024 ‘Fiscal Drag’ pulls more UK Taxpayers into higher rate bands Inheritance Tax (IHT) has long been seen as a levy on the wealthy. But increasingly, it’s affecting more and more individuals and families. One of the key reasons for this is a concept known as ‘fiscal drag’. What is fiscal… By Caroline Murphy View more
Blog26th Jun 2024 Do You Know How To Decipher Your Tax Code? Understanding your PAYE (Pay As You Earn) tax code is a crucial aspect of managing your finances, yet it is something many people overlook or find unnecessarily complicated. While they may appear as a cryptic combination of numbers and letters,… By Caroline Murphy View more
Blog26th Jun 2024 How financial modelling can support your business growth? Ambition without a sense of clarity can lead you in the wrong direction quickly. That’s where financial modelling steps in, giving you a structured view of your business so your next move isn’t just a guess. For businesses preparing for… By Caroline Murphy View more
Blog26th Jun 2024 Will You Make A Lump Sum Tax Payment On the 31st Of January? If you file your Self-Assessment tax return with HMRC by 30 December, you may be able to have any tax you owe for 2024/25 collected via a restriction in your tax code for the tax year commencing on 6 April 2026.… By Caroline Murphy View more
Blog26th Jun 2024 UK Whistleblowing Protections: Time for a cultural reset? UK whistleblowing protections are on the brink of significant reform. The Public Interest Disclosure Act (PIDA) was passed in 1998, was praised globally as an innovative and vital piece of legislation, aiming to protect workers who raised concerns about wrongdoing… By Caroline Murphy View more
Blog26th Jun 2024 HMRC nudge letter campaign: what online sellers need to know HM Revenue & Customs (HMRC) have launched yet another nudge letter campaign to encourage individuals to consider the accuracy of their tax reporting. The HMRC nudge letter campaign is not designed to be accusatory but instead to act as a… By Caroline Murphy View more
Blog26th Jun 2024 New merged R&D Scheme: What’s changed? There’s been no shortage of headlines about the UK’s new merged R&D Scheme. However, for many businesses, the real impact is only just beginning to be felt. R&D tax claims follow the end of the accounting period, so it’s only… By Caroline Murphy View more
Blog26th Jun 2024 Business Valuation Services: 5 ways they help add value When discussing business valuation services, it can be easy to focus solely on their role in selling a company, but there are, in fact, many situations where they are required. A valuation report provides crucial insights for businesses at every… By Caroline Murphy View more
Blog26th Jun 2024 Failure to Prevent Fraud Law Guidance – 9 Key Actions to Protect Your Business WHAT IS THE NEW ‘FAILURE TO PREVENT FRAUD’ LAW? Fraud continues to damage trust in business, imposes substantial costs and causes harm to the public purse. CIFAS, the UK’s leading Fraud prevention service, reported a record 421,000 fraud cases in… By Caroline Murphy View more
Blog26th Jun 2024 Are changes coming to UK transfer pricing rules? On 28 April 2025, HMRC announced a consultation period in respect of significant changes to the UK’s Transfer Pricing, Diverted Profits Tax and Permanent Establishment legislation as part of the government’s Spring tax update. In this article, we will review… By Caroline Murphy View more
Blog26th Jun 2024 FRS 102: Revenue Recognition- what’s changing? As accounting standards evolve, staying informed about the updated FRS 102, particularly in relation to revenue recognition, is crucial for your business. The Financial Reporting Council has introduced significant amendments to UK GAAP, including a new revenue recognition model. These… By Caroline Murphy View more
Blog26th Jun 2024 VAT recovery on pension investment costs: what’s changed? Yesterday, HMRC issued Revenue and Customs Brief 4 (2025), marking a major shift in the long-running saga of VAT recovery on pension investment costs. For businesses and trustees alike, this is more than a technical tweak—it’s a chance to simplify… By Caroline Murphy View more
Blog26th Jun 2024 Making Tax Digital (MTD): 4 ways you can prepare From 6 April 2026 , Making Tax Digital (MTD) for Income Tax Self-Assessment will become mandatory for individuals with annual gross income of over £50,000 from self-employment and/or property income. This will be lowered to £30,000 from 6 April 2027 and £20,000… By Caroline Murphy View more
Blog26th Jun 2024 Due Diligence: Dealing with Price Adjustments for Digital Debt Digital debt is a phrase that we are hearing more and more regularly, especially in the space of technology due diligence. The world has changed. To stay relevant most of the leading companies in the world rely heavily on technology… By Caroline Murphy View more